Basic money advice training day

The Basic money advice training day covers the main types of debt including rent, mortgages, HP, overdrafts, personal loans, credit cards, mail order and store cards, and benefit overpayments. Trainees work through the money advice process using examples and exercises. At the end of the course there is the opportunity to look at common court forms and procedures. By the end of the course participants will be able to:

• demonstrate an awareness of the reasons for debt
• identify the nature and extent of the debt
• check liability for a debt
• understand the difference between priority and non priority creditors
• identify ways to maximise income
• draw up a financial statement
• understand how to negotiate with creditors, and calculate and make suitable offers to creditors